Consumer
What Has Led To A Faster-Than-Expected Recovery At ITV?
November 15, 2020 07:31 AM GMT| By Kunal SawhneySummary Cinema, out-of-home, and print advertising contracted with the introduction of lockdown measures globally With Christmas arriving, the striving retailers will kick off high-stakes festive advertising campaigns despite severe t.....
Why Tate & Lyle Is Concerned Over Lack of Clarity in UK And EU Trade Relationship?
November 14, 2020 07:16 AM GMT| By Team Kalkine MediaSummary Tate & Lyle Sugars anticipates disruption of sugar, syrup supplies in Northern Ireland from 2021 onwards As per Greenpeace’s investigations team, the British sugar company is all set to save £72.8 million out of pos.....
Will Rolls Royce’s (LON: RR.) Nuclear Plants Boost UK’s Climate Commitments?
November 12, 2020 02:32 PM GMT| By Kunal SawhneyRolls-Royce Holdings plc (LON: RR.) has disclosed plans to make 16 mini-nuclear plants in Britain in partnership with other domestic companies. Designing of the plant will be taken up by Rolls-Royce and the construction and delivery of the .....
Performance Review of Two Media Stocks Trending on LSE: Bloomsbury Publishing & STV Group
November 11, 2020 05:18 PM GMT| By Kunal SawhneySummary Bloomsbury Publishing reported revenue of £78.3 million in H1 FY21. The sales grew by 10% year on year as it was supported by online book and e-book sales. STV Group reported revenue of £44.7 million, which was declined by .....
Will Ryanair’s (LON: RYA) demand revive on the back of Pfizer’s Covid-19 vaccine promises?
November 11, 2020 03:04 PM GMT| By Hina ChowdharySummary Ireland-based low-cost airline company Ryanair Holdings expects its air traffic to revive to near normal levels by next summer CEO Michael O’Leary said that the passenger volumes could reach 75 to 80 per cent of the pre-Covid leve.....
Pfizer’s Covid-19 Vaccine Rekindles Hope For Cruise Line Stocks
November 11, 2020 11:57 AM GMT| By Team Kalkine MediaSummary Pfizer’s Covid-19 vaccine candidate indicated more than 90 per cent efficacy against the disease Chairman and CEO Dr. Albert Bourla said that it is a great day for all the scientists and humans globally CEOs of major cruise opera.....
Recent Business Updates Unveiled by this Household Goods Player: Taylor Wimpey Plc
November 10, 2020 03:23 PM GMT| By Kunal SawhneySummary Taylor Wimpey Plc is expected to generate an operating profit ranging around £242 million to £292 million in FY20. The Company has made £826 million of gross land purchases in H2 FY20 till 01 November 2020. The tradin.....
One FTSE 100 Consumer Stock Trending on LSE: J Sainsbury Plc
November 09, 2020 03:00 PM GMT| By Team Kalkine MediaSummary J Sainsbury Plc’s sales contracted by 1.8% during H1 FY21. The Company has planned to close 420 standalone Argos stores by March 2024. Digital sales have increased by 117% year-on-year during H1 FY21. Special dividend of 7.30 pe.....
William Hill (LON: WMH): Why Are PE Firms Eyeing UK Gambling Companies?
November 09, 2020 02:35 PM GMT| By Kunal SawhneySummary The massive growth in the UK online gaming industry during the pandemic lockdown has raised significant investor interest in the sector. In October, US gambling and hospitality giant Caesars Entertainment agreed to purchase British onli.....
Takeaway Beer Sales U-Turn - Will it Make Much Difference to Fortunes of UK Pubs?
November 05, 2020 02:53 PM GMT| By Hina ChowdharySummary The UK government has been a little considerate towards the hospitality and leisure industry and has taken a U-turn, allowing the pubs to selling takeaway beer during the latest lockdown The UK Government has laid out ne plans for the p.....
Business Performance Review of Two LSE Players: Associated British Foods Plc & Crest Nicholson Holdings Plc
November 05, 2020 02:41 PM GMT| By Kunal SawhneySummary Associated British Foods Plc revenue contracted by 12% year-on-year in FY20. The Company has estimated the complete loss of £375 million during the closure period (5 November to 2 December 2020). Crest Nicholson Holdings Plc expe.....
Are the Gaming Stocks Going to Be Winner Again?
November 05, 2020 12:35 PM GMT| By Kunal SawhneySummary Remote working and social distancing norms have favoured online gaming during the lockdown These businesses are expected to witness increased consumer engagement during the second lockdown as well Gaming stocks have delivered astonishi.....
A Sneak Peek on Two LSE Players: Howden Joinery Group Plc & Purplebricks Group Plc
November 04, 2020 02:56 PM GMT| By Team Kalkine MediaSummary Howden Joinery Group Plc reported a 10.1% year-on-year increase in revenue between 14 June 2020 and 31 October 2020. French and Belgian depots performance improved. Purplebricks Group Plc has shown a surge of 8% year-on-year in instruc.....
British Air Carriers Seek Government Help to Save Them from The Lockdown 2.0 Peril
November 03, 2020 06:19 PM GMT| By Team Kalkine MediaSummary The second lockdown announced by the government would restrict all domestic and international air travel and would allow only essential ones. Airline industry groups like Airlines UK and Airport Operators Association have approached the.....
Wetherspoon Offers Pints of Ale For 99p As Pubs Start Selling Off Stock Ahead of Lockdown 2.0
November 03, 2020 06:18 PM GMT| By Hina ChowdharyThe second lockdown announced by the British Prime Minister has allowed the Britons to enjoy beer pints at just under £1 Restaurants and Pubs are offering great discounts on their drinks till Wednesday as the nation will go for a sec...
The evolution of Britain’s education sector due the Covid- 19 pandemic
November 03, 2020 06:15 PM GMT| By Kunal SawhneySummary The education sector in the UK has been hit due to the pandemic fluctuations, as the number of new admissions both international and domestic fell drastically. At the same time, the pandemic brought fortunes for online education compani.....
Performance Review of Two Stocks Listed on the LSE: WPP Plc and Foxtons Group Plc
November 02, 2020 05:18 PM GMT| By Hina ChowdharySummary WPP Plc's revenue declined by 7.6% year-on-year to £2.4 billion during Q3 FY20. Public Relations is the best-performing business segment. Foxton Group Plc's revenue was £28.5 million for Q3 FY20. The sales commission pipel.....
Covid-19: How the second lockdown will affect British hospitality and retail sectors
November 02, 2020 04:58 PM GMT| By Team Kalkine MediaSummary British Prime Minister Boris Johnson announced the second national lockdown to be imposed from 5 November to 2 December amid rising coronavirus cases. Two of the most affected sectors are the hospitality and retail sectors, which are al.....
Ryanair Shares Rally 5% Even as Airline Posts First Summer Loss In 30 Years
November 02, 2020 02:24 PM GMT| By Team Kalkine MediaSummary Ryanair share price surged as much as 5.18 per cent in the early morning deals to a four-day high of GBX 12.60 The company’ net revenue for the reporting period sank by 78 per cent to €1.18 billion following a 80 per cent-fal.....
British Airways’ Owner IAG Says Air Travel Demand Unlikely to Fully Recover Before 2023
October 30, 2020 04:25 PM GMT| By Team Kalkine MediaSummary British Airways’ owner IAG has suffered a loss of £5.1 billion in the first nine months of 2020 IAG’s operating loss in the Q3 2020 was £1.3 billion, falling from profit of £1.4bn last year IAG CEO said it.....